CONCOR trade ideas
CONCOR BREAKOUT📊 Script: CONCOR (CONTAINER CORPORATION OF INDIA LIMITED)
📊 Nifty50 Stock: NO
📊 Sector: Transport Services, Logistics Solution Provider
📈 Todays closing of CONCOR was above BB band that indicates Breakout.
📈 MACD line bounce back from taking support of signal line.
📈 Right now RSI is around 77.
📈 One can take a swing trade on it.
🟢 Target 🎯🏆 - 770
⚠️ Stoploss ☠️🚫 - 684
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
CONCOR SELLon the weekly chart : A big red candle rejecting the level of resistance
on the daily chart : 3 days ago the price rejecting the level but with a weak volume, wich could mean it a fake rejection the price will return to to it usual climb and brakes the level
personal opinion : the price will get unstable and keep fluctuating on the weekly chart for a little bit with 85% chance of a dive down
best move : waiting for next weeks confirming red candle the go in as sellers
CONCOR 1DNSE:CONCOR
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
CONCOR (LONG)good volume seen in this stock
took support at 255 EMA
now ready to cross 200 EMA which is 651
651 is also a support level
keep an eye on this stock if cross 200 EMA and retest good to enter
Buy above 651 after retest
TGT 680 - 712 - 744
SL 613
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
CONCORNSE:CONCOR
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
CONCOR 1DNSE:CONCOR
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
CONCOR 1DNSE:CONCOR
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action